65
Markets1h 43m ago

IBM experienced its steepest one-day fall, plunging 25% following weak preliminary quarterly results, potentially leading to selling pressure on Indian IT stocks.

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United States

Who
TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Persistent Systems, Coforge, IBM
What
IBM experienced its steepest one-day fall, plunging 25% following weak preliminary quarterly results, potentially leading to selling pressure on Indian IT stocks.
When
Wed, 15 Jul 2026 03:01:00 GMT · 1h 43m ago
Where
United States ·
Why
IBM's significant stock decline was attributed to weak preliminary quarterly results.
The Frontline Impact

How this affects you

Indian IT stocks including TCS, Infosys, and Wipro may face selling pressure. Negative sentiment also affected US-listed Indian IT firms and global software peers.

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